Last Thursday (September 22) the prices of gold and silver suddenly crashed: over the weekend silver dropped by 34% (from 39.7 to 26.1 USD /ounce) and gold by 16% (from 1817 to 1533 USD / ounce). There are a number of assumptions that are rumored to have caused this crash. I personally find … Continue reading →

I just got note (see below) that the USA has enacted new regulation which will restrain the trade in precious metals, making it illegal to trade gold and silver on a leveraged basis (“margin trading”) while this will still be allowed … Continue reading →